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Dubai Gold And Commodities Exchange Xchange Newswire - October 15, 2007

Date 15/10/2007

Click here to download the Dubai Gold and Commodities Exchange Xchange Newswire for October 15, 2007.
Zhengzhou Commodity Exchange Sets PTA Futures Open Interest Record

Date 15/10/2007

On Oct. 12, 2007, the open interest in the Pure Terephthalic Acid (PTA) futures contract on ZCE (Zhengzhou Commodity Exchange) peaked at 98964 contracts, surpassing the previous record of 82036 contracts set on Oct. 11, 2007.
President Of Iceland Visits Shenzhen Bourse

Date 15/10/2007

Accompanies by his Ambassador to China, Chinese Ambassador Zhang Keyuan and vice mayor of Shenzhen Li Ming, Olafur Ragnar Grimsson, president of the Republic of Iceland, on October 9 visited the Shenzhen Stock Exchange.
Zhengzhou Commodity Exchange Sets PTA Futures Trading Volume Record

Date 15/10/2007

On Oct. 12, 2007, the trading volume in the Pure Terephthalic Acid (PTA) futures contract on ZCE (Zhengzhou Commodity Exchange) peaked at 127582 contracts, surpassing the previous record of 64642 contracts set on Jan.. 22, 2007.
Major Accounting Policy Changes To Be Approved By Shareholder Meeting, Shenzhen Bourse

Date 15/10/2007

In a bid to regulate accounting changes made by listed companies and curb such abuses for profit manipulation, the Shenzhen Stock Exchange on October 10 issued the No.7 Guidelines for Information Disclosure on Changes in Accounting Policies and Accounting Estimates, setting out different approval procedures for changes in accounting policies incurred by compulsory regulations, proprietary accounting policies, and accounting estimates.

Zhengzhou Commodity Exchange Sets Cotton Futures Open Interest Record

Date 15/10/2007

On Oct. 12, 2007, the open interest in the cotton futures contract on ZCE (Zhengzhou Commodity Exchange) peaked at 154098 contracts, surpassing the previous record of 144398 contracts set on Oct. 11, 2007.
Cairo & Alexandria Stock Exchanges: Eid Al Fitr Vacation

Date 13/10/2007

CASE decided that Eid Al Fitr vacation will start from Sunday 14-10-2007 till Monday 15-10-2007. Trading will be resumed effective Tuesday 16-10-2007 trading session.
ISE Update On Market Outage

Date 12/10/2007

The International Securities Exchange (NYSE:ISE) today experienced a power disruption at its New Jersey site which resulted in the temporary suspension of trading in both the options and stock exchanges at 10:16 AM. The ISE maintained communications with members throughout and re-opened the stock exchange at 11:30 AM and the options exchange at 12:00 PM. ISE has undertaken a thorough review of the cause of the issue and will take all necessary steps to prevent a recurrence.
Share Change For Insurance Australia Group Ltd In The S&P/ASX All Australian 50 Index

Date 12/10/2007

Standard & Poor’s will make the following changes in the S&P/ASX All Australian 50 Index effective after the close of trading on Wednesday, Oct. 17, 2007: Insurance Australia Group Ltd (Australia, SEDOL: 6271026, GICS Code: 40301040), a member of the S&P/ASX All Australian 50 Index, will increase its shares to 1,842,477,113. This change is the result of a distribution-reinvestment plan.
Swedish Financial Supervisory Authority, Finansinspektionen, Reviews Trading Activities At Nine Banks And Securities Companies

Date 12/10/2007

Finansinspektionen is investigating the trading activities in conjunction with valuation of complex financial products at nine banks and securities companies. FI has recently noticed an increase in trading activities and difficulties related to the valuation of complex financial products. These developments, combined with the overestimated trading result at Carnegie Investment Bank, have brought the need of a review of other banks and securities companies into the forefront.